QuickBooks Chapter 06 Questions and Answers Already Passed

QuickBooks Chapter 06 Questions and
Answers Already Passed
1. Before completing the work within Chapter 6, check your data with the following report:

a. December 1 Trial Balance.

b. December 31 Trial Balance.

c. November 30 P&L.

d. November 1 Balance Sheet.


e. None. ✔✔December 1 Trial Balance.




2. The action of sending money in payment of a bill is called a/an:

a. Activity.

b. Transaction.

c. Remittance.

d. General journal entry.


e. None. ✔✔Remittance.




3. After analyzing each source document, record the appropriate __________________:

a. Transfer.

, b. Transaction.

c. Trial balance.

d. Customized report.


e. None. ✔✔Transaction.




4. Receiving payment from a customer is recorded in the following way:

a. Customers page > select customer > Receive Payment.

b. Create menu (+) > Receive Payment.

c. Receive payment from the Customers page or the Create menu.

d. Gear icon > Account and Settings > Advanced.


e. None. ✔✔Receive payment from the Customers page or the Create menu.




5. Who sends verification of credit card receipts?

a. Customers.

b. Vendors.

c. Clients.

d. Bank.


e. None. ✔✔Bank.